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nirvana33 [79]
3 years ago
5

Indicate how each of the following transactions affects US exports, imports, and net exports.

Business
1 answer:
Darina [25.2K]3 years ago
3 0

Answer: See explanation

Explanation:

Exports are the goods and the services that a particular country produces and sells to other countries.

Imports are the goods produced in other countries and sold to ones country.

Net export is the difference between the export an import. An increase in export leads to a rise in the net export.

Based on the above explanation, the answer to the question will be:

1. A British scholar spends a year at Harvard University as a visiting scholar.

US exports - Increase

Imports - Unchanged

Net exports - Increase

2. Your parents go on a trip to Japan in late March for the Cherry Blossom season.

US exports - Unchanged

Imports - Increase

Net exports - Decrease

3. A Canadian buys a new Ford.

US exports - Increase

Imports - Unhanged

Net exports - Increase

4. The student bookstore at Yale University sells books published by Cambridge University Press.

US exports - Unchanged

Imports - Increase

Net exports - Decrease

5. A European family goes to Disney World in Florida for vacation.

US exports - Increase

Imports - Unhanged

Net exports - Increase

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Answer:

$160,000

Explanation:

The computation of budgeted cash payments in June is shown below:-

For computing the budgeted cash payments in June first we need to find out the may credit sales and June cash sales.

May credit Sales = May = $250,000 × 40% × 100%

= $100,000

and

June cash sales = $100,000 × 60%

= $60,000

Cash collection budgeted June = May credit Sales + June cash sales

= $100,000 + $60,000

= $160,000

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Lunna [17]
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Martin Corporation purchased land in 2007 for $290,000. In 2015, it purchased a nearly identical parcel of land for $460,000. In
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Answer:

<em>a. Historical Cost Principle </em>

Explanation:

The principle of historical cost notes <em>that firms must report and account for most assets and liabilities at their acquisition or purchase price.</em>

In certain terms, the companies need to report an asset for the amount paid for the asset on their balance sheet.

The cost or price of the product is then never adjusted for business or economy fluctuations and adjustments due to inflation.

Martin Corp. however combined both properties and adjusted them for inflation. They should have recorded them separately and never adjusted for business or economy fluctuations

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Answer:

The correct answer is (a)

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Indirect cost is a cost that is related to transforming the product from raw to finished good.  Plant manager, maintenance manager and janitorial personnel all help in the process of transforming a good that is why they are the example of indirect labour cost. Machine operators are not an example of indirect cost as it is a specific duty and not a job which requires doing different duties it is a direct cost

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What advantage do federal loans have over private loans?
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O A

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